People’s Bank of China governor Pan Gongsheng announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since 2020.
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Advanced technology, high-end equipment shine at China Transpo
[Photo/VCG] Hosted by the Ministry of Transport, the 16th International Exhibition on Transport Technology and Equipment, known as China Transpo, kicked off at Shougang Park, Shijiangshan district in Beijing on Sunday. The three-day expo focuses…
China moves to propel mobile IoT development
China’s Ministry of Industry and Information Technology unveiled a plan to push the development of the mobile Internet of things (IoT), aiming to boost the …
China launches 10 satellites on 2 rockets less than 6 hours apart (video)
China launched separate sets of Earth-observation and “Internet of Things” satellites into orbit on Friday (Sept. 20) on two different missions.
US-China research has given Beijing’s military technology a boost, House GOP says
WASHINGTON (AP) — Partnerships between the U.S. and China at universities over the past decade have allowed hundreds of millions of dollars in federal funding to aid Beijing in developing critical technology that could be…
New US rule would require GM, Ford to halt imports of cars they build in China, official says
General Motors and Ford Motor would need to stop importing vehicles to the U.S. from China under a proposed rule cracking down on Chinese software and hardware, a U.S. Commerce Department official …
US moves to ban import of certain connected vehicle parts from China and Russia
The White House today announced plans to ban the import of certain auto parts made in China and Russia. The move follows a U.S. Commerce Department probe into connected vehicle components that began …
Mondelez buys “significant majority” interest in China bakery business Evirth
Mondelez International has struck a cakes and pastries deal in China, a category CEO Dirk Van de Put had previously flagged as a potential M&A opportunity. The Cadbury chocolate and Oreo biscuits …
Lululemon, Arc’teryx lead niche apparel brands defying China’s spending downturn
Consumers with real spending power still have a strong demand for products that are high-end, experiential and relatively niche,’ analyst says A bestselling pair of Lululemon yoga pants costs nearly 1 …
Hundreds of millions of US research dollars may have aided Chinese military technology, GOP-led report says
lawmakers found Chinese researchers who collaborated with U.S. academia and took knowledge they learned back home to help China “achieve advancements in fourth-generation nuclear weapons technology, artificial intelligence, advanced lasers, graphene …
China still controls 55% of Bitcoin hashrate despite crypto ban
China’s surprising dominance over the network comes despite … mainland users have found ways to access the crypto market, leading to money laundering risks. The new amended regulations aim to impose …
BofA downgrades luxury brands amid slowing demand in China
Bank of America is out with bearish calls on luxury brands, downgrading Louis Vuitton’s parent company … Madison Mills report more on the calls as the luxury market slows in China. For more expert …
U.S. Taxpayers Are Financing Genocide Through China’s Gotion | Opinion
G otion Inc., a U.S. subsidiary of China’s Gotion High-tech Co. Ltd., wants to operate electric vehicle battery plants in the Village of Manteno, Illinois and Green Charter Townsh …
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